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roadway. >> president obama welcomes mitt romney to the white house for a private lunch today, the first time the two have met since the election. it willful fill a promise mr. obama made during his victory speech. the white house says there is no specific agenda for the meeting, except the president would like to discuss romney's ideas. >>> treasury secretary geithner and a white house aide head to capitol hill today for separate talks on the so-called fiscal cliff. they will discuss how to avert a series of tax increases and spending cuts due to begin in january. there's been little evident progress in talks between the white house and lead gop negotiator, house speaker boehner. >>> if you the past few days wishing you lived somewhere that has power ball, you may get your wish. california may be getting in on the big game, already played in 42 other states. lottery officials meet today and are expected to regulations to join power ball on the heels of staggering jackpot of 579 million dollars. two winners, arizona and misery -- arizona and missouri. >>> 5:36. let's see what is going on
over the cliff, it is clear they've made a political calculation. >> reporter: president obama and his team are demanding that congress allow bush era tax cuts to expire. >> there is no responsible way we can govern this country with those low rates in place for future generations those rates have to go up. >> reporter: republicans have drawn a line in the sand on raising tax rates signaling they are open to raising revenue by reforming the tax code and limiting reductions for the wealthy. >> right now i would say we are nowhere. >> reporter: president obama asking for 1.6 trillion in new tax revenue over 10 years, boehner is offering half that. the president offering 600 billion dollars in cuts to medicare and other programs. the speaker says that is not enough. he hasn't outlined what he thinks should be cut. if they can't avoid the fiscal cliff, january 1st, nearly every american will pay more income tax between $2,000 to $2400 for the average family, 2% cut in payroll taxes will disappear, 500 billion dollars in automatic spending cuts in effect, half at the pentagon the other half
chemicals needed to make sarin. president obama has issued a stern warning to president assad that the use of chemical weapons would be totally unacceptable. u.s. officials are concerned with the fight moving closer to the capital city of damascus the assad regime may be getting desperate and could use chemical weapons to crush the rebellion. >>> pentagon appointing new military judge to hear the case of an army psychologist. military appeals court ordered the current judge removed because he did not appear impartial. gross ordered the defendant major hasan to be forcibly shaved during the trial. hasan is accused of murdering 13 when opened fire on fellow soldiers in 2009. >> the nation's airlines have taken in 36 billion dollars in revenue from airline fees this year they think they can make more. airlines officials are discussing ways to maximize passenger fees. tossing around the idea of new forms of travel insurance or giving travelers the chance to reorder meals. most airlines charge for food, cocktails, wifi and checked bags. >>> word this morning that new york city mayor bloomberg i
. today the obama administration will recommend seniors be careful before signing one. new starbucks likely coming to a neighborhood near you, planning to open 1500 more cafes over the next five years, averaging two ♪ we were skipping stones and letting go ♪ ♪ over the river and down the road ♪ [ female announcer ] at nature valley, we know nature comes together in amazing ways. that's why we bring together natural ingredients, like dark chocolate with toasted oats, or sweet golden honey. perfect combinations of nature's delicious ingredients, from nature valley. ♪ ♪ i was thinking that i hope this never ends ♪ [ female announcer ] nature valley granola bars, nature at its most delicious. >>> good morning. 5:14. live look san francisco looking across the bay into oakland and east bay, something is happening in the east bay. yes! the raiders game! [ laughing ] >> that was too easy. >> hosting the broncos and peyton manning. >> should be a good one. we'll check in with mike. >>> developing news in the search for a nevada couple reported missing after driving into the sier
marzullo, -- lending more freely. katie marzullo, abc7 news. >>> president obama speaks to business leaders this morning over how to avoid the fiscal cliff. currently no plans for congressional leaders to meet with the president at the white house. if no deal is reaped by year's end everyone's taxes will go up and massive cuts will take place, affecting defense and social spending. >>> when we came in this morning, just mist and drizzle. >> i hardly had to use my wipers. that is changing for a lot of folks. >> it is. right now as you look at our roof cam, nice batch of light to moderate rain falling now over the embarcadero. not so heavy we can see the ferry building and the bay bridge enough that it is causing ponding on the embarcadero this morning that's what most of us are going to run into especially east bay highway 4 connects to 680 south of vine hill coming into concord pleasanton down to walnut creek latest update light to moderate rain especially overconcord and pleasant hill highway 4 bay point, pittsburg, antioch highway 4 commute which is usually treacherous any way is going to
Search Results 0 to 4 of about 5